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we don't have new money for government to spend on infrastructure. government has to play a role here, but increasingly there's a desire from the private sector from private capital to invest in infrastructure. >> jay, we almost always talk about the developed nations and their economies. when they have problems, when they sneeze, the emerging nations catch the flu, right? they are dealing with the impact of the mistakes or the problems in the developed nations far more, right? >> well, i think that's right, toure. here's the interesting thing about infrastructure. if we do a very serious, large, infrastructure program in the united states over the next couple of years, we do two things. we employ a lot of people and good-paying jobs and near term very low growth. over the median term it helps to protect us and make sure we have the competitive position we need to benefit from the emerging economies in their growth as the emerging middle class in dhichi asia, india and elsewhere comes on stream in 2025. we want to sell into asia. >> all right, jay, t
we don't have new money for government to spend on infrastructure. government has to play a role here, but increasingly there's a desire from the private sector from private capital to invest in infrastructure. >> jay, we almost always talk about the developed nations and their economies. when they have problems, when they sneeze, the emerging nations catch the flu, right? they are dealing with the impact of the mistakes or the problems in the developed nations far more, right? >>...
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. >> what does the federal government do? >> the federal government considered pot the same as lsd and heroin. >> same classification of drug. >> heroin. i didn't even know heroin still existed. apparently it still does. and pot does, too. the difference is you can grow heroin in your backyard. you can grow it -- >> grow marijuana you mean. >> i'm sorry, grow marijuana in your backyard. >> i don't know that much about heroin but i don't think that's how it works. >> he wants to grow marijuana. okay. >> let me be clear, i didn't make that mistake because i have been smoking anything, i have not, no. it's farcical. this is a generation al issue and the obama administration is going to have to gibe at some point on its theory of law. i think a couple days the u.s. attorney in washington said the federal law trumps what you guys are going. people are going to say no, enough. and the obama administration just started ramping up prosecutions of this. this is unusual for me. >> yeah. do you agree, goldie? >> i do, except heroin is m
. >> what does the federal government do? >> the federal government considered pot the same as lsd and heroin. >> same classification of drug. >> heroin. i didn't even know heroin still existed. apparently it still does. and pot does, too. the difference is you can grow heroin in your backyard. you can grow it -- >> grow marijuana you mean. >> i'm sorry, grow marijuana in your backyard. >> i don't know that much about heroin but i don't think that's how...
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they pay the state, the local, the fatigue government in taxes. what america should be addressing is two things. one, we should be addressing generational theft. we now as a country borrow 40 cents of every dollar that the government spends, and we've accumulated 16 trillion dollars in debt. now, in 2008 obama called nine trillion dollars in debt. he said that was irresponsible, unpatriotic. to say this another way, we're literally stealing money from our children and our grandchildren. now, this is the kind of generational theft that has never happened in this country until now, and neerlt part neits addressing this on a regular basis. both parties are arguing over how to tax the rich. now, number two. greed and overspending. for all the talk about greedy rich people in america, how is it possible that politicians' greed is never addressed? after all, they robbed the social security trust fund. they spent it. that's your retirement money that was supposed to be put away in a safe lock box. they spent that money. medicare is also headed for bankru
they pay the state, the local, the fatigue government in taxes. what america should be addressing is two things. one, we should be addressing generational theft. we now as a country borrow 40 cents of every dollar that the government spends, and we've accumulated 16 trillion dollars in debt. now, in 2008 obama called nine trillion dollars in debt. he said that was irresponsible, unpatriotic. to say this another way, we're literally stealing money from our children and our grandchildren. now,...
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we have to pay for all this government. the big mistake is growing government. >> although there's a room for balance, i don't say peter's wrong entirely, the fact of the matter is the top 2% are not paying their fair share. american people don't think so. the numbers don't add up. if you want a deal here, you're going to have to raise the rates and then if you want to talk about spending cuts, as i think the president will eventually do, you'll see a last-minute agreement. >> first of all, i'm in the top 2%. i'm paying 45% of my total income in income tacks boxes to state of connecticut and the government. >> you need a better accountant, peter. >> more than half of my income is going to go to the government. you tell me, what's fair about that? >> i'll tell you what's fair about that -- >> i'm paying half. excuse me. i don't care what the majority voted to do. they don't have a right to steal my money just because they vote for it. >> i'll tell you what the problem is. we're in a crisis. we're in a crisis caused by the bu
we have to pay for all this government. the big mistake is growing government. >> although there's a room for balance, i don't say peter's wrong entirely, the fact of the matter is the top 2% are not paying their fair share. american people don't think so. the numbers don't add up. if you want a deal here, you're going to have to raise the rates and then if you want to talk about spending cuts, as i think the president will eventually do, you'll see a last-minute agreement. >> first...
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twenty-seven regular government schools get results because they are a government monopoly of almost always do a lousy job. up against the education blob that his job of the hunt teachers' union comment janitor union, bureaucrats they're resist change that is why -- while i was excited charters schools. schools could experiment the parents would see how much better it could be and kids would benefit from the innovation. it is not happening. sometimes. but the center for education reform says the charter movement has gone wrong. what happened is an example. >> my group have put together an application to start a charter school and we have been repeatedly stonewalled 57 because of your own daughter's experience you've got together with people and said we will start a charter. >> the first application was 100 pages could. denied. >> they said there was not a need we had typographical errors in the application. john: wouldn't mcdonald's like to say that to burger king? >> yes. john: you try again. >> we fixed them and we got more people involved and we needed to show more apparent suppor
twenty-seven regular government schools get results because they are a government monopoly of almost always do a lousy job. up against the education blob that his job of the hunt teachers' union comment janitor union, bureaucrats they're resist change that is why -- while i was excited charters schools. schools could experiment the parents would see how much better it could be and kids would benefit from the innovation. it is not happening. sometimes. but the center for education reform says...
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i don't believe in efficient government. >> what i've got a problem with the selective cuts. yeah, okay, if you're going to have and suggest cuts here, why not look at every aspect of government. >> absolutely. >> that includes tax loopholes and the defense budget also and that's really been the debate inside of the debate, inside the room. it's a conversation about where you cut. >> let's talk about the elephant in the room and the middle class. when we talk about government spending the vast majority is on the middle class through medicare and social security and can't dance around and say we don't want to touch these because it's politically unfeasible. that's the biggest portion of spending. >> and there are inefficiencies there that can be yielded. nothing should be done that's going to retard economic growth. nothing should be done that should cost us more jobs. can you fix the fiscal cliff and send the economy downward. >> the fiscal cliff, isn't it having real impact in the economy now? >> it's having real impact and name pact will growth longer we take to come to a d
i don't believe in efficient government. >> what i've got a problem with the selective cuts. yeah, okay, if you're going to have and suggest cuts here, why not look at every aspect of government. >> absolutely. >> that includes tax loopholes and the defense budget also and that's really been the debate inside of the debate, inside the room. it's a conversation about where you cut. >> let's talk about the elephant in the room and the middle class. when we talk about...
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>> reporter: he's a former presidential candidate and told us he doesn't trust the government's offer to negotiate. >> this is a ploy and we are not -- we will continue to push until we get a proper mechanism to develop a developpic constitution and to make sure that the goals of this uprising have been fulfilled which is justice, freedom, and social equality. >> reporter: are you going to try and stop the referendum taking place at all? >> we are doing everything possible because we believe that this referendum is null and void, has no legitimacy. >> reporter: egyptians who agreed that they wanted democracy now can't agree on anything else. >> pelley: and holly williams is joining us from cairo. holly, you've been covering the story for us for some time. what's coming next? >> well, it's difficult to see a solution as things stand. president morsi says he wants to negotiate but in the same breath he says he's determined to put this constitution to a referendum, a vote, in ten day's time. his opponents say to him "you're becoming a dictator, this constitution represents your islamist
>> reporter: he's a former presidential candidate and told us he doesn't trust the government's offer to negotiate. >> this is a ploy and we are not -- we will continue to push until we get a proper mechanism to develop a developpic constitution and to make sure that the goals of this uprising have been fulfilled which is justice, freedom, and social equality. >> reporter: are you going to try and stop the referendum taking place at all? >> we are doing everything...
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a full takeover of the oakland police department by the federal government has been avoided. late this afternoon, we learned of a last-minute deal struck to prevent it. cbs 5 reporter phil matier has just left the briefing by the mayor and police chief. phil. >> reporter: the oakland police department apparently has avoided the bullet of a takeover by a federal judge who has been upset with the slow progress the department has made in its officers conduct case. this is a case that dates back about 10 years starting with the riders who were accused of planting evidence and roughing up residents in west oakland. there were supposed to be reforms but they never happened and that led to the threatened takeover of the department by an outside monitor, the federal court. what's reached is an agreement for a compliant officer to come in, instead. basically, what this person is going to do is oversee such key functions in the investigations into excessive force by police officers, officer-involved shootings, and allegations of racial profiling. but the day-to-day operations of the oa
a full takeover of the oakland police department by the federal government has been avoided. late this afternoon, we learned of a last-minute deal struck to prevent it. cbs 5 reporter phil matier has just left the briefing by the mayor and police chief. phil. >> reporter: the oakland police department apparently has avoided the bullet of a takeover by a federal judge who has been upset with the slow progress the department has made in its officers conduct case. this is a case that dates...
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government. that's no way to run the country. >> what do you think the chances of that happening? >> it's possible. one of the things that the republicans might get as part of this package is another opportunity to make their case around the debt ceiling. but there ought to be some limit on it and i like the president's proposal that basically requires a two-thirds vote to overcome the president's decision to raise the debt. that still gives members a chance to weigh in, still requires a vote on the debt limit. it doesn't let lawmakers off the hook but it also means that you can't hold the country's economy and full faith and credit hostage every time you want to demand more in cuts or tax increases. >> congressman adam schiff, thank you. >> let me play for you a little exchange from yesterday. >> is there an objection? >> madam, preserving the right to object. matters of this controversy, what we're talking about is a perpetual debt ceiling grant. >> i guess we have a filibuster of his own bill so i object. >> is there objection to the original request? >> yes, i object. >> objec
government. that's no way to run the country. >> what do you think the chances of that happening? >> it's possible. one of the things that the republicans might get as part of this package is another opportunity to make their case around the debt ceiling. but there ought to be some limit on it and i like the president's proposal that basically requires a two-thirds vote to overcome the president's decision to raise the debt. that still gives members a chance to weigh in, still...
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>> sure, all over the government everywhere you look. >> reporter: what? >> waste, incompetence and stupidity. >> reporter: can you ever be too prepared for the zombie apocalypse? jonathan karl, abc news, capitol hill. >> what's that? it's hard to make the case for raising taxes when you see some of the crap our taxes go for. you know what i mean? so those stories do not help the cause for some on capitol hill. you know what i mean? >> it's called waste management. >> the government. >>> coming up next, who was planning to make money now off "the david letterman show" petraeus sex scandal? >>> and we have breaking celebrity news involved a quarterback and a supermodel next in "the skinny." >> announcer: "world news now" continues after this from our abc stations. celebrity news involved a quarterback and a supermodel ♪ skinny so skinny ♪ skinny so skinny >> skinny in the house! >> skinny's in the house! >> oh, willis. ♪ skinny so skinny >> skinny in the house! >> skinny's in the house! >> oh, willis. >>> and you know who else is in the house? another
>> sure, all over the government everywhere you look. >> reporter: what? >> waste, incompetence and stupidity. >> reporter: can you ever be too prepared for the zombie apocalypse? jonathan karl, abc news, capitol hill. >> what's that? it's hard to make the case for raising taxes when you see some of the crap our taxes go for. you know what i mean? so those stories do not help the cause for some on capitol hill. you know what i mean? >> it's called waste...
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and here the government has a major role because we give $1.4 billion to the government. we tell him. look, there is a set of conditions we want the transition and you have to understand that human's rights have to be republican respected listen. because he needs that money. >> i want to raise this issue. a lot of people are talking about al qaeda and jordon. >> you didn't get the memo that al qaeda is on the path to defeat. you have these folks on the march. you have the obama administration saying it is going to promote arms. a group that is sworn to our destruction and may end up in the hands of al qaeda as well. that is the real dirty secret here. whether it is benghazigate maybe elsewhere in the gult. gentleman i'm going to leave it there. thank you very much. i appreciate it very much. the tax man cometh january 1st. that is right. get this. every gain you make is going to get hit. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put ri
and here the government has a major role because we give $1.4 billion to the government. we tell him. look, there is a set of conditions we want the transition and you have to understand that human's rights have to be republican respected listen. because he needs that money. >> i want to raise this issue. a lot of people are talking about al qaeda and jordon. >> you didn't get the memo that al qaeda is on the path to defeat. you have these folks on the march. you have the obama...
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that's the percentage of economic activity the government has consumed. if you look at revenue, we're at about 16%. if you look at spending, we're at 25%. we're way out of kilter when it comes to spending, and the president, all he wants to focus on is the little -- the reason we're at 16, n not 18, is becaue of poor economic growth. he doesn't want to focus on the problem. he wants to transform what american government is about. >> is it because he thinks he has a better idea or because he's stubborn and arrogant? >> look, do i believe the president is stubborn and arrogant? maybe. i don't know him that well. i will say that he's convicted that government should have more resources and make more decisions in america and that's the course we're headed on. >> senator, thank you. always nice to see you, sir. >> my pleasure, thank you. >>> to the sizzling question of the day. will the next ambassador wear prada. why would president obama consider magazine editor for a diplomatic post? >> i'm glad santorum is handling the difficult questions. i'm on the anna
that's the percentage of economic activity the government has consumed. if you look at revenue, we're at about 16%. if you look at spending, we're at 25%. we're way out of kilter when it comes to spending, and the president, all he wants to focus on is the little -- the reason we're at 16, n not 18, is becaue of poor economic growth. he doesn't want to focus on the problem. he wants to transform what american government is about. >> is it because he thinks he has a better idea or because...
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the federal government has taken in taxes that equals 18% of the overall economy. it's 17.8% to be exact. that's become something of a magic number in politics. on both sides of the aisle. you tell us orrin hatch loves the 18%. if we keep all the bush tax cuts, we stick at that magic according to orrin hatch, that means, quote, taxes would still be high enough compared to recent history." just because that's how high they were in the past. across the political spectrum, consider warren buffett and higher taxes for the rich. he wrote "our government's goal should be to bring in 18.5% revenue of gdp and spend about 21% of gdp. why? he doesn't say. those are levels attained over extended periods in the past. okay. well then. permit me a descent from the oracle of omaha. the average of our past revenue is not sufficient to sustain our future. in fact, it wasn't even enough to support our past. only three times in the past 50 years has the 18% been enough to balance the budget. all those times were in the '60s. the only recent balancing came during the clinton era when
the federal government has taken in taxes that equals 18% of the overall economy. it's 17.8% to be exact. that's become something of a magic number in politics. on both sides of the aisle. you tell us orrin hatch loves the 18%. if we keep all the bush tax cuts, we stick at that magic according to orrin hatch, that means, quote, taxes would still be high enough compared to recent history." just because that's how high they were in the past. across the political spectrum, consider warren...
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government blames terrorists. it's named for rebels. one american killed and three wounded when a suicide bomber on a motorcycle attacked the main military base in southern afghanistan. it came after nightfall at a gate that provides access to military side of the kandahar airfield. back at home, there are serious questions about whether the national labor relations board has lost its way or perhaps embarked on a new course. correspondent doug mckelway on a group that is supposed to be all about fairness. >> the national labor relations board, the federal agency tapped with protecting employees from unfair management or the union practices has become a biased advocate for big labor. that blunt assess in the a report released today by chairmachairman isa. >> they are supposed to be a neutral arbitrator and have a firewall between the judges and is representative as a plaintiff. >> it's an appeals court. they have a prosecutor type of role and five-member board has a jury role. a court of law forbid the two from communicating about pendin
government blames terrorists. it's named for rebels. one american killed and three wounded when a suicide bomber on a motorcycle attacked the main military base in southern afghanistan. it came after nightfall at a gate that provides access to military side of the kandahar airfield. back at home, there are serious questions about whether the national labor relations board has lost its way or perhaps embarked on a new course. correspondent doug mckelway on a group that is supposed to be all...
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there is this tremor, i think, going through state and local governments as well as the business community, what if they don't get it together? i think that's what they're going to convey. >> and you wonder why isn't the president playing the adult and saying let's get in a room now? why the posturing. when we come back, there was a lot of republican branding going on yesterday, happened somewhat accidentally, somewhat on purpose. trivia we ask, name the state where both current senators are also former governors. there are actually two answers to this question. west virginia and nebraska senators were former governors. virginia will be in this category january 3rd, but nebraska leaves it when deb fisher replaces ben nelson. hi, i'm phil mickelson. i've been fortunate to win on golf's biggest stages. but when joint pain and stiffness from psoriatic arthritis hit, even the smallest things became difficult. i finally understood what serious joint pain is like. i talked to my rheumatologist and he prescribed enbrel. enbrel can help relieve pain, stiffness, and stop joint damage. because enbre
there is this tremor, i think, going through state and local governments as well as the business community, what if they don't get it together? i think that's what they're going to convey. >> and you wonder why isn't the president playing the adult and saying let's get in a room now? why the posturing. when we come back, there was a lot of republican branding going on yesterday, happened somewhat accidentally, somewhat on purpose. trivia we ask, name the state where both current senators...
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limb the deduction, close loopholes and have the same people pay more of their money to the federal government without raising tax rates. >> congresswoman, the "new york times" reporting today that boehner is enjoying the broadest support he has seen in two years but as you know, a lot of conservatives are very angry over his giving any ground on revenue. is the speaker's leadership still strong in your estimation? >> i think it is. and i know that it's a very tough position for our leader to be in. and especially tough when he cannot get the president to come to the table and in addition to that, we have the administration that keeps moving the goalpost. 2010 this very president said this is not the time when the economy is so bad to raise taxes on anyone yet now we're having him say he wants to raise taxes on small business own that's are going to affect about 700,000 jobs. is that really what we need to do in an economy where we have 23 million americans that are struggling for unemployment? this is the reason why we have to hold strong on this. the other this evening ng is we hear from the
limb the deduction, close loopholes and have the same people pay more of their money to the federal government without raising tax rates. >> congresswoman, the "new york times" reporting today that boehner is enjoying the broadest support he has seen in two years but as you know, a lot of conservatives are very angry over his giving any ground on revenue. is the speaker's leadership still strong in your estimation? >> i think it is. and i know that it's a very tough...
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government sununu said democrats, quote, aggressively got out the base of their base. the base of their base that's dependent, to a great extent, economically on got policy and government programs, seeming to echo governor romney's 47% remarks. that same evening paul ryan appeared to reject governor sununu's comments, though he didn't address them directly. >> these attempts to divide americans into our voters and their voters, let's be really clear, republicans must steer far clear of that trap. >> joining me now, cnbc contributor tony frat owe and former white house deputy press secretary under president george w. bush and managing partner at hamilton place strategies kiki mclean, senior adviser to the 2008 hillary clinton presidential campaign. good morning. >> good morning. >> tony, do republicans sit back and wish governor sununu would quit talking? >> not only is it offensive to a large part of the lack trat, it happens to be wrong. republicans did very well and in fact governor romney did very well among lower income voters. so it's wrong but we shouldn't be tal
government sununu said democrats, quote, aggressively got out the base of their base. the base of their base that's dependent, to a great extent, economically on got policy and government programs, seeming to echo governor romney's 47% remarks. that same evening paul ryan appeared to reject governor sununu's comments, though he didn't address them directly. >> these attempts to divide americans into our voters and their voters, let's be really clear, republicans must steer far clear of...
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it would prove that we are dysfunctional and cannot govern, et cetera, et cetera. in terms of dealing with the policy problem, which is you have this massive and growing debt, you have to bring in more revenues. there's multiple ways to do it, but critical ways to raise rates on the top end. it was what the election was about. republicans want to play the game where they think they get something. at the end of the day they lose worse if we go over the cliff. >> that's an interesting insight because you have alan simpson on the "today" show asked dp one side is a winner or loser off the cliff. here's what he had to say, chris. >> when you have leaders from the administration saying i think it's to the advantage of the democrats to go off the cliff or i think it's an advantage of the republicans to go off the cliff or the president to go off the cliff, that's like betting your country. there's stupidity involved in that. >> chris? >> well, listen, you know, i'm not saying it's necessarily the best policy course. i wish people could sit down and negotiate this, but at
it would prove that we are dysfunctional and cannot govern, et cetera, et cetera. in terms of dealing with the policy problem, which is you have this massive and growing debt, you have to bring in more revenues. there's multiple ways to do it, but critical ways to raise rates on the top end. it was what the election was about. republicans want to play the game where they think they get something. at the end of the day they lose worse if we go over the cliff. >> that's an interesting...
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this is recognition that we have to get control over out-of-control governments. i think you were more accurate the first time. i idea here is that you have a free rider problem. when you have folks that are not paying union dues. kate's comment is right. it is a union breaking measure. some people see the unions as a free rider. picking the pockets of non union employees on union work sites. i think you should tell the president and vice president don't pick the american pockets so much. you know, i think republicans at the end of the day want to make a strategic move to extend the middle class tax cuts. but i think these huge revenue numbers which pick taxpayer pockets. don't go so far in that. taxpayers have limits. >> larry, i thought your position in that interview was right. i was thinking i'm glad larry is here in town comes down to my town to talk about economic growth. and we can have all kinds of arguments that you and i have had for years. but your position was right. we have to solve this problem which is going to involve problems in the interest in th
this is recognition that we have to get control over out-of-control governments. i think you were more accurate the first time. i idea here is that you have a free rider problem. when you have folks that are not paying union dues. kate's comment is right. it is a union breaking measure. some people see the unions as a free rider. picking the pockets of non union employees on union work sites. i think you should tell the president and vice president don't pick the american pockets so much. you...
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fema is getting more money from the government if they are getting month money from the government they should write the checks out. >>neil: we will watch it closely. thank you. . you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. >>neil: to michigan, protesters not stopping republicans from approving right-to-work legislation that stopped you from forcing non-union workers to pay dues and could become law by next wednesday with my next guest's signature. does business ring a bell? this is the governor of michigan. >> we will get it done. it is important because it is about being pro worker, we have hard people, hard work people in union and they should be able to decide whether to join a union or not. it is not about employers or collective bargain. people should have the opportunity to say they want to belong or not. second, this can be good for economic development for more and better jobs coming to michigan. we have watched what has gone on in indiana with more companies look
fema is getting more money from the government if they are getting month money from the government they should write the checks out. >>neil: we will watch it closely. thank you. . you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. >>neil: to michigan, protesters not stopping republicans from approving right-to-work legislation that stopped you from forcing non-union workers to...
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simply because the government let aig go under. now the government has reaped the $27 billion profit for its own. it was well, it turned out to be a savvy investment. i mean, whatever happens to get you elected into a higher office. and then he seemed to attack me for being pro the government with aig. i want to thank two people who made sure the government took care of this situation here. he prthe government did multipl offers of aig. this one was the best of all. the second person, aig ceo. this company had almost been destroyed. and through force of will fixed the darn thing and turned it into more of a powerhouse before the crash and it isn't done. this time it was done between the two of them. a warm and heartfelt thanks. that is what we care about. stay with cramer. >> it is a brutal full contact sport. >> when the whistle blows, traders trading for what could turn out to be the final play of the game. >> i know it is not easy but i promise to keep fighting for you. the. >> the road is a tough one. but the pay off can be a g
simply because the government let aig go under. now the government has reaped the $27 billion profit for its own. it was well, it turned out to be a savvy investment. i mean, whatever happens to get you elected into a higher office. and then he seemed to attack me for being pro the government with aig. i want to thank two people who made sure the government took care of this situation here. he prthe government did multipl offers of aig. this one was the best of all. the second person, aig ceo....
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government doesn't work. that is why they are criminals. let me ask you with one more question given what you know. do you feel comfortable another unstable 21, 22 year oldca kid y be inspired and can doe and weapons that can explode bullets at a time. do you feel comfortable that, that is easy to do. people who commit violent crimes. but we need to work on that. that is where the effort should go. >> thank you both very much for joining me. >> coming up, brassle ground america. we'll talk about guns and the dysfunction in fashington and the serious noose lar threat from income. . and sea food differently. and introducing 7 lunch choices for just $7.99. salads, sandwiches, and more. but i'm still stubbed up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] alka-seltzer plus liquid gels speeds relief to your worst cold symptoms plus has a decongestant for your stuffy nose. thanks. that's the cold truth! she also likes to ride her bike. she knows the potential for making or losing money can pop up anytim
government doesn't work. that is why they are criminals. let me ask you with one more question given what you know. do you feel comfortable another unstable 21, 22 year oldca kid y be inspired and can doe and weapons that can explode bullets at a time. do you feel comfortable that, that is easy to do. people who commit violent crimes. but we need to work on that. that is where the effort should go. >> thank you both very much for joining me. >> coming up, brassle ground america....
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Dec 5, 2012
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we can bring this government under control through spending reductions. certainly, if taxes are raised, they should be done in a way that's most beneficial or least damaging to the viability of our economy. >> yeah. i got to tell you, after listening to that interview, i feel pretty confident that we're going over the cliff. are we going to go over the cliff, senator? >> we should not go over the cliff. we should have been working on this all year, not waiting until the last minute. the reason we're not making progress, let me tell you -- and i've been consistent on this. they're bringing these numbers up in secret. if they were laid out in public so the american people knew just how much taxes they were increasing, just how little spending reductions -- or how much increases in spending. as a political mover, very effective at being able to hide the net impact of his plan and ride this general good feeling of his election. it's not a healthy situation politically. we've got to do the right thing for the country. >> all right, senator. i was really struck
we can bring this government under control through spending reductions. certainly, if taxes are raised, they should be done in a way that's most beneficial or least damaging to the viability of our economy. >> yeah. i got to tell you, after listening to that interview, i feel pretty confident that we're going over the cliff. are we going to go over the cliff, senator? >> we should not go over the cliff. we should have been working on this all year, not waiting until the last minute....
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Dec 10, 2012
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government has a say when it comes to identity. the u.s. census bureau, white, a person having origins in any of the original peoples in europe. you are defined as white according to the census. >> yep. >> she is not white. so the question really goes to the u.s. government. why are people from north africa white? what purpose does that serve? how did you come to make that decision? they are on the continent of africa, and why not be black? >> will she be viewed as white by anybody else as the census taker. unless the police officer or loan officer or teacher or employer for whom she is trying to get a job views her that way and it's unlikely they will, she will be, at the very least, a woman of color. >> what role does family play in all this? that's unclear. >> look how pretty that is, dad. >> i think a lot of it is how you are cultured. what is the dominant culture in your household. >> for her it's white. >> so there you go. who loved you? who took care of you? >> while she is reluctant to embrace her black roots it's a different story
government has a say when it comes to identity. the u.s. census bureau, white, a person having origins in any of the original peoples in europe. you are defined as white according to the census. >> yep. >> she is not white. so the question really goes to the u.s. government. why are people from north africa white? what purpose does that serve? how did you come to make that decision? they are on the continent of africa, and why not be black? >> will she be viewed as white by...
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very conservative, anti-tax, anti-government purists in the mold of jim demint. however, he also backed in republican primaries a number of republican candidates who simply were not electable according to the republican establishment and the establishment was right. for example, remember christine o'donnell, i'm not a witch, from delaware. ken buck of colorado. and others. so those are some of the reasons why he definitely has ruffled many a-feather with the party leaders and i have to tell you first thing i saw when the senate republican leader mitch mcconnell released a statement today was making the point that demint had, quote, uncompromising service. didn't have to read between the lines too much to see there's a backhanded compliment. >> dana, what about bigger picture here and talking about the republican party aenl just talking about folks like ryan and rubio, let's say, part of maybe the next generation republicans. do you think that demint's brand of republicanism is falling out of favor with sort of the newer version of what the republican party is try
very conservative, anti-tax, anti-government purists in the mold of jim demint. however, he also backed in republican primaries a number of republican candidates who simply were not electable according to the republican establishment and the establishment was right. for example, remember christine o'donnell, i'm not a witch, from delaware. ken buck of colorado. and others. so those are some of the reasons why he definitely has ruffled many a-feather with the party leaders and i have to tell you...
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he took this guy's farmland in scotland with approval of the government. all the locals stood up to him calling him scotsman of the year for standing up to donald trump. >> the can hole with the clown face on it. >> you got it worked out. >> scotland is lucky we stumbled upon this story. >>> up next, steve and i have gotten a lot of feedback on our debate over gun control monday. his response to your responses is next. wasn't my daughter's black bean soup spectacular? [ man thinking ] oh, this gas. those antacids aren't working. oh no, not that, not here! [ male announcer ] antacids don't relieve gas. gas-x is designed to relieve gas. gas-x. the gas xperts. gas-x is designed to relieve gas. social security are just numbers thinkin a budget.d... well, we worked hard for those benefits. we earned them. and if washington tries to cram decisions about the future... of these programs into a last minute budget deal... we'll all pay the price. aarp is fighting to protect seniors with responsible... solutions that strengthen medicare and... social security for gen
he took this guy's farmland in scotland with approval of the government. all the locals stood up to him calling him scotsman of the year for standing up to donald trump. >> the can hole with the clown face on it. >> you got it worked out. >> scotland is lucky we stumbled upon this story. >>> up next, steve and i have gotten a lot of feedback on our debate over gun control monday. his response to your responses is next. wasn't my daughter's black bean soup spectacular?...
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Dec 12, 2012
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we went off the fiscal cliff a long time ago when we doubled the size of the government in the last 11 years and when we gave increased benefits in medicare without creating tax revenue source to pay for it. the question is not medicare, social security, why would you not just address the issues facing our country and the very things that are going to cripple us if we don't address them? ann and saving medicare, guaranteeing that benefit to people in the future out to be important. we have 3 million people this year that are going to go in to medicare and three million the next and the next. >> what leverage do you think republicans have to force and get a deal? >> i don't know. i think, again, that's washington speak for politics, rather than policy. again, i think we ought to raise it another notch up. shouldn't we be having the president of the united states with the leaders of both houses of congress come together and say what are the real problems in the short term and long term facing our country. should we not be about addressing those and about decreasing the massive growth of
we went off the fiscal cliff a long time ago when we doubled the size of the government in the last 11 years and when we gave increased benefits in medicare without creating tax revenue source to pay for it. the question is not medicare, social security, why would you not just address the issues facing our country and the very things that are going to cripple us if we don't address them? ann and saving medicare, guaranteeing that benefit to people in the future out to be important. we have 3...
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Dec 6, 2012
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government. and i welcome that. he's choosing to do it outside now rather than inside the senate but he's had a huge, positive influence on the senate and we're going to continue to see that for years to come. >> senator, this may seem like a simple question, but i wonder, and a lot of people do is the senate from your perspective, is the senate a difficult place to be if you are someone who comes from executive background or someone committed to getting things done? is it a frustrating place to exist, day in and day out? >> i would say to you, i saw the article that you wrote earlier today, governors do -- who are used to having their own planes and flying around their states and controlling their own schedules do find it more challenging in the senate. i came from the state senate in wyoming. i enjoyed the opportunity to work with people on both side of the aisle to discuss the issues and continue to try to move proposals forward that i believe in about. i believe this is a place where you can
government. and i welcome that. he's choosing to do it outside now rather than inside the senate but he's had a huge, positive influence on the senate and we're going to continue to see that for years to come. >> senator, this may seem like a simple question, but i wonder, and a lot of people do is the senate from your perspective, is the senate a difficult place to be if you are someone who comes from executive background or someone committed to getting things done? is it a frustrating...
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that actually is a critical part of government oversight. the alternative would be just allowing for-profit pipeline operators to insure their safety and for millions of property owners out there, that is definitely not going to be enough. even with the level of regulation we have ow, we've seen several major incidents over the last several years where pipeline operators knew about reliability and maintenance problems but because they were being budget conscious, they cut those corners and as a result people got injured and we had significant property damage. so in answer to here is --. melissa: give you last word. >> is government regulation. melissa: give you last word on this one. i think he is talking about the natural gas pipeline in san bruno, california. >> yes. melissa: where eight people were killed. there were 37 homes destroyed. 60 other people were injured. what do you think? i'll give you the last word. >> if they did that budget cutting that is false economy. i agree with tyson we should enforce the rules we have and should hav
that actually is a critical part of government oversight. the alternative would be just allowing for-profit pipeline operators to insure their safety and for millions of property owners out there, that is definitely not going to be enough. even with the level of regulation we have ow, we've seen several major incidents over the last several years where pipeline operators knew about reliability and maintenance problems but because they were being budget conscious, they cut those corners and as a...
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and federal government also. but he also said that they would have to meet his goals and ideas. leader harry reid, he was more concerned that they were going to be able to reach some kind of an agreement avoid going off the fiscal cliff. gerri: how concerned are you? what would it mea if we read right over the ege? you believe that there will be some agreements by decembee 31? >> it is hard to ell. the house, the senate, the republicans, it's vey tough negotiitions up there. i will tell you that i did meet with my finance officer this morning. my budget director. we talked about comparing my state budget. we have to make our decisions within the next month. the state of oklahoma, it will cost to $700 million in so many things. if we got the fiscal cliff. gerri: withhe dense cuts come if we do over the cliff, it will cost $100 million or over that? >> 137 million. gerri: would this put you into the red? >> it certainly could. we are still looking at obama's health care plan and what it will do to the sta budget. t
and federal government also. but he also said that they would have to meet his goals and ideas. leader harry reid, he was more concerned that they were going to be able to reach some kind of an agreement avoid going off the fiscal cliff. gerri: how concerned are you? what would it mea if we read right over the ege? you believe that there will be some agreements by decembee 31? >> it is hard to ell. the house, the senate, the republicans, it's vey tough negotiitions up there. i will tell...
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they go on the government payroll, and if they stay a couple of weeks employers replace them. they put somebody else on the payroll. there were ordinarily hourly workers who didn't get to work and filed for unemployment, but by and by this is not an unemployment creator. >> you know, jared, i have a question for you here. first, i do want to mention a little detail from the report. the job creation numbers for october and september were revised downward. the obvious answer is the books were cooked by a chicago guys. if you want to offer an apology to jack welch, i'll let you do that. >> i decidedly do not. what's your question, sir? >> it's an open invitation. >> the serious question i have for you is i know this is something you've been looking at and writing, and it's the effect of long-term high unemployment like we've been having on wages. can you tell us what you see there? >> i will. i will. let me underscore one point below that. this is not a stellar jobs report. you mentioned the downward provision. the decline in the unemployment rate didn't come because of more jobs
they go on the government payroll, and if they stay a couple of weeks employers replace them. they put somebody else on the payroll. there were ordinarily hourly workers who didn't get to work and filed for unemployment, but by and by this is not an unemployment creator. >> you know, jared, i have a question for you here. first, i do want to mention a little detail from the report. the job creation numbers for october and september were revised downward. the obvious answer is the books...
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in the government who's focused on government list. he outlines things he doesn't believe are appropriate. i just want to tell the viewers what we understand about the zombie conference. apparently, we paid, dhs gave grants to first responders -- look at this. [laughter] we gave grants to first responders to go get counterterrorism training, and they did, and they attended this five-day summit. and one of the things that was offered here was the zombie training exercise, but now under the microscope they're saying, oh, the taxpayer money didn't actually fund this particular piece of the conference, but in any event, coburn says, look, the money's finning bl, it's ridiculous. >> i actually interviewed senator coburn, and he made a fantastic point about this. by the way, i think he's a here are for -- hero for digging into this stuff. we've got the debate about the fiscal cliff and the debt ceiling and we're talking in the trillions. before you can even get to the trillions, if you can't stop stuff like this, does the american public eve
in the government who's focused on government list. he outlines things he doesn't believe are appropriate. i just want to tell the viewers what we understand about the zombie conference. apparently, we paid, dhs gave grants to first responders -- look at this. [laughter] we gave grants to first responders to go get counterterrorism training, and they did, and they attended this five-day summit. and one of the things that was offered here was the zombie training exercise, but now under the...
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Dec 10, 2012
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government has a say when it comes to identity. u.s. census bureau, white. person having origins in any of the original peoples of europe, middle east or north africa. you're defined as white according to the census. >> yep. >> she's not white. so the question really goes to the u.s. government. why are people from north africa white? what purpose does that serve? how did you come to make that decision? they are on the continent of africa. they are of african dissent. why not be black? >> the question in this society to some extent is will she be viewed as white by anyone other than the census taker? the census taker may write it down that way. unless the police officer, loan officer, teacher, employer for whom she's trying to get a job views her that way and it's very unlikely they will, she is going to be at the very least a woman of color. >> what role does family play in all of this? for nyo, that's unclear. >> i mean i already have a poetry book. look at how nice this is, dad. look at how pretty that is. >> i think a lot of it really is, again how you a
government has a say when it comes to identity. u.s. census bureau, white. person having origins in any of the original peoples of europe, middle east or north africa. you're defined as white according to the census. >> yep. >> she's not white. so the question really goes to the u.s. government. why are people from north africa white? what purpose does that serve? how did you come to make that decision? they are on the continent of africa. they are of african dissent. why not be...
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. >> reporter: the syrian government has vowed not to use chemical weapons against its own people but it regards the opposition as foreign terrorists. >> pelley: david, thank you. those so-called foreterrorists are actually the syrian people who rose up against the 41-year-old assad family dictatorship. it's estimated 40,000 people have been killed, mostly civilians. one reason assad has held on-- he's had the support of russia but that may be changing. in ireland today, secretary of state hillary clinton, met with the russian foreign minister. it happened at a meeting of the organization for security and cooperation in europe, known as the ocof sce, and margaret brennan is covering for us tonight. margaret. >> reporter: well, scott, officials familiar with those talks say the russians now think that bashar al-assad may not survive the war and they want to have influence in syria if his regime falls, or if he loses control of the chemical weapons inside of his country. u.s. officials are particularly concerned that those weapons could fall into the hands of an al qaeda affiliate activ
. >> reporter: the syrian government has vowed not to use chemical weapons against its own people but it regards the opposition as foreign terrorists. >> pelley: david, thank you. those so-called foreterrorists are actually the syrian people who rose up against the 41-year-old assad family dictatorship. it's estimated 40,000 people have been killed, mostly civilians. one reason assad has held on-- he's had the support of russia but that may be changing. in ireland today, secretary...
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Dec 13, 2012
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turning now overseas, new signs of desperation from the syrian government. for the first time in the two-year conflict, the assad regime is resorted to firing scud missiles to slow rebel forces. they close in on the capitol of damascus. officials say at least half dozen scud missiles packed with explosives were launched toward another syrian military base that was overtaken by the rebels. richard engel reporting from the region says two of the scuds landed in civilian neighborhoods. the news comes the same day more than 100 countries, including the united states, officially gave recognition to the syrian opposition forces. a day after north korea successfully launched a satellite into orbit, leaders in washington, japan, south korea are calling for immediate consequences, even the chinese are criticizing north korea's move. the three stage ballistic missile was carrying a satellite which u.s. officials now say is tumbling out of control as it orbits the earth. the purpose, unclear. the officials say the rocket is similar to design to one that could potential
turning now overseas, new signs of desperation from the syrian government. for the first time in the two-year conflict, the assad regime is resorted to firing scud missiles to slow rebel forces. they close in on the capitol of damascus. officials say at least half dozen scud missiles packed with explosives were launched toward another syrian military base that was overtaken by the rebels. richard engel reporting from the region says two of the scuds landed in civilian neighborhoods. the news...
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Dec 13, 2012
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people are going to do their business, eregardless of the government. most people have written off the insanity in the american government and they're going to get this stuff done one way or the other. so, i'm not in the fact camp. >> all right. >> we have a dunking station back here next week, i'll happily -- >> speaking of dunk, this might be a great time for you to bump the question to steve. >> if i'm wrong, i'll jump over the fiscal cliff. >> it would be fiction, right? >> flush would equal fiction. >> you can figure that out. right? >> i wasn't involved in that. move on. >> mike, what are the options markets saying whether or not this deal could happen? >> they might have ramped up the likelihood a little. i don't think they've taken it all the way to the fact camp, otherwise we would see speculative put selling. what we did see, though, was the december 15 and january 15 calls were extremely active and the january 15 strike was actually the one that saw the most opening interest. and what we saw there were some buyers paying about 50 cents. that'
people are going to do their business, eregardless of the government. most people have written off the insanity in the american government and they're going to get this stuff done one way or the other. so, i'm not in the fact camp. >> all right. >> we have a dunking station back here next week, i'll happily -- >> speaking of dunk, this might be a great time for you to bump the question to steve. >> if i'm wrong, i'll jump over the fiscal cliff. >> it would be...
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we top the keep america solvent and the advanced government should do. we need to renew the country and we are not even close to talking about that. you can make it very pessimistic even for this higher is serotonin optimist that we are entering a bad period for the u.s. and unless our folks coming to and get their act together. >> a lot of energy and time devoted to an artificially created crisis. matt miller, thanks for joining us. next, have you sent your holiday cards yet? if not, you are not alone. why more americans are taking a pass on this tradition. you ever notice that some people just have a knack for giving the perfect gift? they put real thought into it. and find just... the right...thing. how do they do that? more saving. more doing. that's the power of the home depot. pick up a ridgid jobmax multi-tool starter kit and get a free head attachment. stop! stop! stop! come back here! humans -- we are beautifully imperfect creatures living in an imperfect world. that's why liberty mutual insurance has your back with great ideas like our optional
we top the keep america solvent and the advanced government should do. we need to renew the country and we are not even close to talking about that. you can make it very pessimistic even for this higher is serotonin optimist that we are entering a bad period for the u.s. and unless our folks coming to and get their act together. >> a lot of energy and time devoted to an artificially created crisis. matt miller, thanks for joining us. next, have you sent your holiday cards yet? if not, you...
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we face that obstacle. >> they need us, the libyan government. four of our americans were murdered. three weeks really can be devastating to an investigation. not necessarily. but can be devastating. have you people poisoning the scene, walking through it. >> yeah. you know, the libyan government has to deal with their own political situation and their own sensitivity. there is only so much we can push them. i am sure we could push them more. but i have confidence -- >> we cut off money to them. >> you know, we have anesquive weapon with libya. we cut off money to them. >> there isn't that much money, it's only $300 million. >> that's a lot of money to libya. that's a lot of money. so $300 million, i could do a lot in my home town, if they are not getting anything for it in libbaia, give to hometown. >> there should be more pressure, no question. remember, it took five years to get -- the olympic bomber in atlanta, the fbi finally caught up with him. i think they will catch up with these individuals. >> i think they the. i hope they do. but i do know that the trail gets colder every
we face that obstacle. >> they need us, the libyan government. four of our americans were murdered. three weeks really can be devastating to an investigation. not necessarily. but can be devastating. have you people poisoning the scene, walking through it. >> yeah. you know, the libyan government has to deal with their own political situation and their own sensitivity. there is only so much we can push them. i am sure we could push them more. but i have confidence -- >> we cut...
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he wanted the money to go to his government. and why? he will use the cash to get more influence over military in egypt, over civil society. there is nothing guaranteed as long as the muslim brotherhood have this agenda we know all about that he will continue with this policy. the best guaranty would have the constitution to bind those extremes and on the other hand a consensus in egypt. we don't have a consensus. half or more is rising against morsi. the more democratic side of the society seems to be against more sis. -- moresy. melissa: what is your best policy here? >> morsi, if you want money you have to sit down with us and your opposition. this is a way to corner him. let's have a triangular. liberal civil society, women, what have you. and morsi and allies on the other hand. we would like as a congress first and administration listen to your debate. who will give us better in terms of american-egyptian alliances and democracy and freedom in the region. melissa: walid, thank you so much. >> thank you for having me. melissa: up nex
he wanted the money to go to his government. and why? he will use the cash to get more influence over military in egypt, over civil society. there is nothing guaranteed as long as the muslim brotherhood have this agenda we know all about that he will continue with this policy. the best guaranty would have the constitution to bind those extremes and on the other hand a consensus in egypt. we don't have a consensus. half or more is rising against morsi. the more democratic side of the society...
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the agency's, the salari of all government employees. more of a leg to stand on about fairness andaxing the rich. if our politicians would give up their entitlements we would save the country billions and not have to affect the general public and their social security and medicare. dan says, thii tax bite is why we should hold elections on april 15th. that is a great idea. it all comes together. i love hearing from ou. send me an e-mail. gerri@foxbusiness.com. finally tonight, just when you thought of retiing massachusetts congressman -- congressman barney frank was stepping out of the limelight, no way. the bostn globe reporting the 72-year-old democratic congressman who is set to retire in january hired the big shot hollywood agency william morris to represent him in the next phase of his career. william morris is run by r.e.m. manuel, the brother of chicago mayor and the inspiration for the character ari goldman he
the agency's, the salari of all government employees. more of a leg to stand on about fairness andaxing the rich. if our politicians would give up their entitlements we would save the country billions and not have to affect the general public and their social security and medicare. dan says, thii tax bite is why we should hold elections on april 15th. that is a great idea. it all comes together. i love hearing from ou. send me an e-mail. gerri@foxbusiness.com. finally tonight, just when you...
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now if he goes to the opposition and says join the government, if that is going to be enough? or is the bottom line, you have to go, period. >>guest: not only did he lose the opportunity to engage members of the opposition in building this coalition to go forward but he is hassing people that are already with him, the christian members of the muslim brotherhood are stepping down and there were four major resignations in 48 hours so you are right in the sense he went so forward that i may not work out. the people of egypt have come to their senses and they are looking at example of iranian revolution and the people of iran are still suffering and what was meant to be temporary turned out to be extremely permanent. >>shepard: the people hear muslim brotherhood and think, all right, these people are extremists and they are all, this is horrible. not true with everyone in the muslim brotherhood. everyone in there is not extreme, there are somewhat -- some who are quite moderate. >>guest: they are well organized and they did things for the people of egypt and they put up soup kitch
now if he goes to the opposition and says join the government, if that is going to be enough? or is the bottom line, you have to go, period. >>guest: not only did he lose the opportunity to engage members of the opposition in building this coalition to go forward but he is hassing people that are already with him, the christian members of the muslim brotherhood are stepping down and there were four major resignations in 48 hours so you are right in the sense he went so forward that i may...